Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Sees Large Increase in Short Interest

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 85,424 shares, an increase of 455.0% from the May 14th total of 15,392 shares. Based on an average trading volume of 501,887 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Beiersdorf Aktiengesellschaft Stock Performance

BDRFY opened at $16.34 on Thursday. The firm has a market cap of $17.73 billion and a P/E ratio of 35.77. The firm has a 50-day moving average of $16.96 and a 200 day moving average of $20.09. Beiersdorf Aktiengesellschaft has a fifty-two week low of $15.55 and a fifty-two week high of $27.36.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Beiersdorf Aktiengesellschaft to a “hold” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft, trading in the United States under the symbol BDRFY, is a German consumer goods company specializing in skin care and adhesive technologies. Founded in Hamburg in 1882, Beiersdorf has grown into a global player in personal care, developing and marketing products designed to maintain and restore skin health. The company’s core business segments encompass consumer skin care, medical skin care, and tesa adhesive technologies, serving both retail and professional customers.

In its consumer skin care division, Beiersdorf is best known for its flagship NIVEA brand, one of the world’s leading skin care names.